The latest price of Dogecoin at 15:00 on September 16, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of September 16, 2024, at 3:00 PM, Dogecoin (DOGE) was trading at $0.10214370805199. The 24-hour trading volume for DOGE stood at $500,794,892.18046, representing a significant increase compared to the previous day.

Past Performance: Short-Term Volatility

Over the past 24 hours, DOGE has experienced a notable decline in price. Its value has dropped by -3.31786042%, indicating a bearish trend in the short term. This fluctuation underscores the volatility often associated with cryptocurrencies.

Supply and Circulation

The current circulating supply of Dogecoin is approximately 145,977,086,383.71 coins. There is no maximum supply limit for DOGE, and the total supply is also equivalent to the circulating supply. With a market capitalization of $14,910,640,893.857, DOGE ranks among the top cryptocurrencies in terms of market value.

Conclusion

The recent price decline of Dogecoin highlights the inherent volatility of the cryptocurrency market. However, DOGE continues to maintain a strong position within the crypto ecosystem, as evidenced by its large circulating supply and market capitalization. Investors interested in DOGE should carefully consider the risks associated with cryptocurrencies before making any investment decisions.